goeureka

About the project

GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform

The hospitality sector is the second largest contributor to the global travel industry and it is currently dominated by online travel agents. OTA's generate around 70% of online hotel bookings and this has impacted hotel's direct bookings, profit margins and loyalty programs. GOeureka, wants to change the scenario by putting hotels and customers first. Using blockchain technology, GO plans to benefit hotels and customers by introducing commission-free bookings, accepting payment through cryptocurrencies that are devoid of merchant fees, and transforming traditional brand loyalty programs.

 GOeureka aims to create a new symbiosis where hotels maintain control over their brand while unlocking value for consumers on its platform, the company said. GOeureka’s vision for the future of the travel industry is a supportive online ecosystem where all businesses are allowed the opportunity to thrive and benefit from providing the best goods or services to travelers. As a technology partner to hotels, GOeureka intends to provide a seamless web and app experience to users without the high commission structures imposed by current OTAs. The company said it provides an affordable and efficient platform for hotels and consumers to directly engage and transact with each other, removing the inequitable commissions to OTAs that ultimately decrease hotels’ margins and increase consumer prices. These benefits are then passed on to customers. GOeureka is also introducing a patent-pending Re-Booking function for customers to obtain the best value for rooms. When the hotel rate drops, the Re-Booking feature will automatically detect and re-book an existing booking at the lower rate.

 Additonally, GOeureka proposes an interoperable loyalty program that will benefit hotels and customers by promoting the hotel's own loyalty rewards program with the option to convert hotel loyalty points into GO Credits that can be used on the GOeureka platform. For consumers who subscribe to multiple loyalty programs, GOeureka’s solution for an interoperable loyalty program could facilitate instant redemptions and exchange for multiple loyalty point currencies on a single platform. Blockchain acts as an immutable and secure ledger of all transactions related to the issuance of GO credits, creating a transparent, auditable supply of loyalty points without the need for intermediaries, the company noted.

 

The growth of online travel agencies is a perfect example of how new technology can disrupt an existing industry. These online agencies have a huge advantage over the normal hotels since they are able to offer consumers low prices and more options. However, it is not all rosy for the online travel agency; the traditional hotel sector is slowly adopting the online technology. However, these hotels are still lagging behind. They need to work faster. Otherwise, intermediaries that get them in touch with customers could start making more than them. 

GOeureka GO Token ICO Details

As many as 1 billion GO Tokens will be issued with 1 GO token = IDR 10,000. There will be a reduced distribution of the Token GO bonus after meeting the maximum time limit or the predetermined time, whichever comes first. While 30% will be stored in a backup pool for operational initiatives, funding marketing strategies, and other activities relevant to business growth. During personal pre-sale, contributions will be received in US Dollars (USD), Singapore Dollars (SGD) or Ether (ETH). All contributions will be converted to ETH, live, at the applicable rates. Token sales will last about three weeks.

GO will hold a personal presale

first round one month before Token Sales with accredited investors, with a minimum contribution of US $ 50,000 each. Interested parties are welcome to whitelist with GO to join this fundraising round. Contributors to funds collected during this period are entitled to a 30% bonus distribution. The maximum limit during this round is 150,000,000 GO Tokens and will be closed two weeks before the Token Sales. If the maximum cap is not reached during personal pre-sale, it will be opened to the public, with a minimum contribution requirement of US $ 1000 (equivalent ETH value). There will be a 15% bonus distribution during this round. Pre-sales will close earlier if the maximum limit is reached or will expire on the day before the Token Sales.



Token sales will expire sooner after the total maximum limit is met or after Week 3 of Token Sales. All unsold tokens will be burned.

The founders of GO and team tokens

It will be locked and can be withdrawn every three months for a 24-month period, while advisors will receive their tokens after six months after the ICO. Tokens from the Reserve Pool will be used to accelerate the implementation of the GO platform. To market the platform efficiently at a much faster rate, GO aims to raise US $ 60 million, after the first round of successful seed funding.

GO has spent the last 12 months

To work on the beta version of the platform, consult blockchain technology experts on the token model as preparation for the initial coin offer. To effectively match existing OTAs, US $ 60 million is needed to scale the platform and substantially increase our gross orders over the next 3 years.

Figures from Expedia

shows the high potential of the segment for rapid revenue growth. For example, Expedia made gross orders of more than US $ 70 billion in 2016 against its operating costs (ie, marketing, salaries) at nearly US $ 7 billion.10

TOKEN GENERAL


For more information about GOeureka, you can visit these following links:
Website: https://goeureka.io/
Whitepaper: https://goeureka.io/#download
Instagram: https://www.instagram.com/goeurekatravel/
Facebook: https://www.facebook.com/goeurekatravel/
Twitter: https://twitter.com/goeurekatravel
Telegram: https://t.me/goeureka
LinkedIn: https://www.linkedin.com/company/goeurekatravel/
Reddit: https://www.reddit.com/r/GOeureka/
Medium: https://medium.com/@social_23833
ANN Thread: https://bitcointalk.org/index.php?topic=3382526.0;all

Author : X7+

bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1141171

eth address: 0xe3ffc631e711Bb8AE8aAc37458981C60923519c8

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go 2

GOeureka is an app and a website that changes the way hotels are booked. To get to know what features does it offer and can it be a good investment, check out our review below. GOeureka is a tech partner to hotels, and its primary target is to provide a dynamic digital experience to users while at the same time eliminating high commissions which online travel agents usually use.
GOeureka’s primary vision is to enable hotels to focus more on necessary resources for providing customers with enhanced value and services all over the world.

The company does this by reducing the financial commitment of hotels to third-party booking platforms. GOeureka goes live and brings a new era of booking GOeureka just went live, and it has released the alpha soft version of the platform. It allows users to book hotel rooms without any commissions involved. On the other hand, the can enjoy amazing benefits such as loyalty rewards and more, all without any hidden fees. GOeureka is one of the first platforms to trial bookings on the blockchain via smart contracts. The booking platform is operating on the Ethereum blockchain, eliminating third parties, and passing savings are rewards straight to consumers. It also reduces costs and manpower.

GOeureka’s board consists of C-Level executives from Accor Hotels and Agoda and more essential names in the global hotel industry. The number of hotels that can be booked via the platform is continually growing, and this offers a massive plus over the competition. Traditional booking has little cost transparency. Usually, booking sites charge between 10% and 30% commission on top of the room rate and the fee is usually not too transparent for consumers. The retail price of a room will vary depending on transactions between the hotel, the bed bank wholesaler and the online booking site. GOeureka makes this whole process much more straightforward, and it provides users with a fair and consistent price and secure transactions for the hotel.

GO project goal

Utilize blockchain to create a symbiotic relationship between hotels and customers. Hotels will use paid status when they will get more at the same price.

GOeureka's Vision

GO has a plan to create an online ecosystem where businesses develop with the best services for tourists. As a technology partner for the hotel industry, GO will offer users and applications that are simple and direct to users without high commissions on most sites. By freeing up resources for hotels, GO will enable them to find better value and services with their resources.

GOUREKA and Blockchain transparency

The main feature of blockchain is accountability. Go will use blockchain to ensure accountability and flexibility in the ecosystem. Go will issue settings for which most trips can be used. The platform will not be biased and no commission will be charged to the user. On GO, the hotel no longer needs to pay for visibility. All views and search results will be determined by hotel performance and reviews obtained from its users.

GOeureka Hotel Booking Loyalty Program With Blockchain

If the hotel wants to integrate, the GO ecosystem will offer an API where hotels can link their inventory with the reservation system. There will be guidelines offered to IT hotels to make seamless integration. Going will also integrate with the management software of a hotel through a strategic partnership.

One problem that GO will solve is a broken loyalty program. Today, every airline, car rental service, and hotel will have its own loyalty program. This makes it difficult for ordinary consumers to collect enough points to exchange a significant increase.

The loyalty program supported by blockchain is the future. Go will make interoperable programs supported by this technology. Users will have the option to convert hotel loyalty program points on GO credit. With this system, loyalty points obtained from car services can be GO credit. This can be info for hotel rooms.

PRODUCT OVERVIEW

GO Curtain Platform the following things: 1) Website with payment and payment functionality 2) Application for customers and hotels to communicate directly with each other 3) Centralized database and server to store Personal Identity Information (PII), services and data from the hotel 4) Use the Ethereum blockchain and smart contract to generate a decentralized GO Token and run a payment request

GO will store PII, R messages, customers, and hotel off-chain data to avoid network transaction costs and ensure direct execution from users. GO will see to access all platforms in the future, with the new blockchain technology (ie, Raiden) which allows minimal instant execution up to no cost.



GOeureka GO Token ICO Details

As many as 1 billion GO Tokens will be issued with 1 GO token = IDR 10,000. There will be a reduced distribution of the Token GO bonus after meeting the maximum time limit or the predetermined time, whichever comes first. While 30% will be stored in a backup pool for operational initiatives, funding marketing strategies, and other activities relevant to business growth. During personal pre-sale, contributions will be received in US Dollars (USD), Singapore Dollars (SGD) or Ether (ETH). All contributions will be converted to ETH, live, at the applicable rates. Token sales will last about three weeks.

GO will hold a personal presale

first round one month before Token Sales with accredited investors, with a minimum contribution of US $ 50,000 each. Interested parties are welcome to whitelist with GO to join this fundraising round. Contributors to funds collected during this period are entitled to a 30% bonus distribution. The maximum limit during this round is 150,000,000 GO Tokens and will be closed two weeks before the Token Sales. If the maximum cap is not reached during personal pre-sale, it will be opened to the public, with a minimum contribution requirement of US $ 1000 (equivalent ETH value). There will be a 15% bonus distribution during this round. Pre-sales will close earlier if the maximum limit is reached or will expire on the day before the Token Sales.



Token sales will expire sooner after the total maximum limit is met or after Week 3 of Token Sales. All unsold tokens will be burned.

The founders of GO and team tokens

It will be locked and can be withdrawn every three months for a 24-month period, while advisors will receive their tokens after six months after the ICO. Tokens from the Reserve Pool will be used to accelerate the implementation of the GO platform. To market the platform efficiently at a much faster rate, GO aims to raise US $ 60 million, after the first round of successful seed funding.

GO has spent the last 12 months

To work on the beta version of the platform, consult blockchain technology experts on the token model as preparation for the initial coin offer. To effectively match existing OTAs, US $ 60 million is needed to scale the platform and substantially increase our gross orders over the next 3 years.

Figures from Expedia

shows the high potential of the segment for rapid revenue growth. For example, Expedia made gross orders of more than US $ 70 billion in 2016 against its operating costs (ie, marketing, salaries) at nearly US $ 7 billion.10

TOKEN GENERAL


For more information about GOeureka, you can visit these following links:
Website: https://goeureka.io/
Whitepaper: https://goeureka.io/#download
Instagram: https://www.instagram.com/goeurekatravel/
Facebook: https://www.facebook.com/goeurekatravel/
Twitter: https://twitter.com/goeurekatravel
Telegram: https://t.me/goeureka
LinkedIn: https://www.linkedin.com/company/goeurekatravel/
Reddit: https://www.reddit.com/r/GOeureka/
Medium: https://medium.com/@social_23833
ANN Thread: https://bitcointalk.org/index.php?topic=3382526.0;all

Author : X7+

bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1141171

eth address: 0xe3ffc631e711Bb8AE8aAc37458981C60923519c8

Share:

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goeureka

About GOEUREKA
Technology companies that use blockchain technology to build hotel booking platforms. Our mission is to decentralize the hotel booking sector and provide better services by enabling hotels to connect directly with their customers. As a technology partner for hotels, GO provides dynamic digital experiences for users and members of the structure that can be used by online travel agents.

Online travel facilitators are the right example of how new technology can exclude existing industries. These online agents have a big advantage over normal hotels because they can offer cheaper prices and more choices to consumers.

However, not everything is bright for online travel agencies; Traditional hotel sectors are slowly using online technology. However, these hotels are still lagging behind. They must work faster. If not, people who make them in touch with customers can make more of them. The GOeureka team thinks they might have found something that would give the hotel an edge over the agency. To do this, they decided to add the loyalty program available with blockchain technology.
GOeureka is ahead of many similar blockchain projects, with trial bookings on the blockchain through smart contracts on Ethereum and a significant infrastructure of available hotels. Its board includes C-level executives from Accor Hotels and Agoda, among others.

The development of online travel offices is an ideal case of how new technology can disturb an existing industry. These online organizations have an enormous favorable position over the ordinary hotels since they can offer consumers low prices and more alternatives.
However, it isn’t all blushing for the online travel office; the conventional hotel division is slowly adopting the online technology. However, these hotels are as yet lagging behind. They have to work quicker. Something else, intermediaries that get them in contact with clients could begin making more than them. The GOeureka team thinks they may have discovered something that will give the hotel an edge over offices. To do this, they have chosen to enlarge the existing faithfulness programs with blockchain technology.
The point of the GO project is to use the blockchain to make a harmonious connection between hotels and clients. Hotels will maintain control of their image while clients will get more an incentive at a similar price.

The GOeureka Vision
GO has a plan to make an online ecosystem where businesses flourish by offering the best services to travelers. As a technology accomplice for the hotel industry, GO will offer a basic and direct app and web understanding to users without the high commissions on generally locales. By freeing up resources for hotels, GO will make it feasible for them to offer better client esteem and service with their resources.
GOeureka Transparency And The Blockchain
A key feature of the blockchain is accountability. Go will use the blockchain to ensure that accountability and straightforwardness are maintained in the ecosystem. Go will supplant the compensation to play course of action used by most travel organizations. The platform will be unprejudiced and no commission will be charged on users. On GO, hotels will never again need to pay for perceivability. All showcases and list items will be determined by the execution of a hotel and the reviews it gets from its users.

GOeureka Hotel Booking Loyalty Programs With The Blockchain
If a hotel wishes to integrate, the GO ecosystem will offer an API where a hotel can link their inventory with the reservation framework. There will be guides offered to the hotel’s IT office to make the integration consistent. Go will likewise integrate with the property administration programming of a hotel by means of vital organizations.
One issue that GO will illuminate is the detached dedication programs. Today, every airline, auto rental service, and the hotel will have its own devotion program. This makes it difficult for ordinary consumers to sufficiently collect points to reclaim for significant rewards.
An integrated dependability program powered by the blockchain is what’s to come. Go will make an interoperable program that is powered by this technology. Users will have the alternative to change over the steadfastness program points of a hotel in GO credits. With this framework, steadfastness points earned from an auto rental service can be changed over into GO credits. This would then be able to be used to pay for a hotel room.


How Reliant Are Hotels On OTAS?
The online travel specialist business was a model initially received by hotels as a way to clear unsold inventory. However, the section and quick extension of OTAs are reshaping the travel industry. Hotels presently depend vigorously on OTAs for online sales, and not similarly as a channel for clearing unsold inventory. The Expedia and Priceline duopoly continues to control the online booking part, allowing them to out-market hotels by offering consumers more appealing offers and bundles. OTAs are additionally ready to showcase a tremendous scope of decisions to consumers in a user-accommodating way, something an individual hotel can’t do. Hotels battle to offer broadness of decision and don’t have a similar measure of resources to contend on a level playing field with the OTA.
They are obliged to working with outsider booking engines frequently under troublesome terms. Increasing reliance, combined with reducing choices, constrain hotels’ negotiation capacities for commissions payable. With commissions ranging from 15% to as high as 30% depending on the OTA and size of the hotel/chain, organizations with OTAs are essential, however to the detriment of a hotel’s margin.
Blockchain And Smart Contract
All transactions on the App will work on GO’s smart contract. The smart contract goes about as a correspondence layer between the platform and the blockchain. All transaction data will be sent to the smart contract to execute its terms, and the transaction will be put away in the blockchain. This expels the requirement for an agent and encourages lower transaction costs all through the platform.
The GO platform uses the broadly used Ethereum blockchain. Ethereum’s smart contracts give various dialect executions that will encourage future integration. A review of all transactions on the platform will be kept on the blockchain each time the smart contract is executed.
GO Token
The GO Token is a digital token or virtual money intended to encourage transactions in a hurry platform for the buy of room evenings, hotel services, and other internal procedures and payments within the GO infrastructure. GO Tokens are granted to initial investors during the ICO token sale and might be exchanged on exchanges later on or spent in a hurry platform.

GO Debit Card
GO Token holders can arrange a GO Card – a physical, prepaid check card. The GO Card allows users to spend GO Tokens (changed over to Fiat money) anyplace or withdraw money from perfect ATMs. GO Cards are linked to user wallets in a hurry app where users can oversee and top up GO Card funds with GO Tokens and credits.
Funds would then be able to be changed over to different monetary forms at focused exchange rates. GO Card holders likewise get rewards in GO Tokens as a type of cashback for every transaction made with their GO Card. The GO Card gives a proficient and advantageous answer for GO Token holders who wish to spend GO Tokens outside of the GO platform. GO will continue to grow its GO Token economy by creating open spending alternatives for GO Token holders.
To get more information about ICO planning and marketing techniques read ICO marketing aide and ICO planning guide.
Token Economy
GO will give a 5%– 15% savings on all GO Token reclamations on the platform. This gives an incentive to token holders to spend tokens in a hurry platform instead of selling them on exchanges as they won’t be liable to exchange fees and could possibly earn on the 5%– 15% savings.
Pledging Transparency
With accountability being a key feature of blockchain technology, GO is planning to use this technology to guarantee straightforwardness and accountability on its platform. GO likewise plans to supplant conventional pay-to-play courses of action utilized by OTAs by pledging to remain impartial and not charge commissions for paid hunt arrangements or selective advancements on the platform.

The App
Regardless of the accessibility of existing hotel-possessed apps grew either through exclusive means or obtained and rebranded from white mark venders, GO’s platform includes a widespread app that all hotels can adjust instantly without the standard extra charges or required development work.
GO Credits as Loyalty Rewards
GO Credits are money esteems credited to client account wallets. GO Credits may just be spent in a hurry platform and are non-transferrable. Consumers will be rewarded with X measure of GO Credits for spending on GO’s platform. Consumers may then finance their aggregate cost of procurement using GO Credits.
Revenue Model
GO will charge a 5% transaction expense for all payments influenced by means of to credit cards and digital forms of money acknowledged as a method of payment (e.g., Ether, Bitcoin). Payments influenced using To go Tokens won’t be charged any fees on Goeureka platform. This is to secure the interest of all our token holders moving forward.
Team
Manraj Rai, Founder
Justin Lim Co-Founder
Tej Bhuller Co-Founder
Chan Huan Gee Chief Visionary Officer
Shuk Huay Koh Chief Product Officer
Beam Lee Blockchain Developer
Lisa Yeoh Project Manager

Roadmap
MVP and smart contracts were completely created in February 2018. In August the team will begin developing apps and booking site, and will initiate marketing endeavors and connecting with potential accomplices. Before the year’s over the company will dispatch a beta adaptation of the item, test it and begin accepting bookings. Client procurement program begin here too.
In 2019 the teams endeavors will be focused on building organizations with key hotel gatherings, developing faithfulness program network, and upgrading different features of the platform. By 2020 the company is relied upon to have worldwide market achieve, actualize blockchain into the framework and begin conducting huge data investigation.

Conclusion
GOeureka brings a considerable measure of new inspiring stuff into the game, and has a really great team. Its business model and marketing plan are well thoroughly considered and its odds against rivalry are somewhat high. GOT can be a good investment.

For more information about GOeureka, you can visit these following links:
Website: https://goeureka.io/
Whitepaper: https://goeureka.io/#download
Instagram: https://www.instagram.com/goeurekatravel/
Facebook: https://www.facebook.com/goeurekatravel/
Twitter: https://twitter.com/goeurekatravel
Telegram: https://t.me/goeureka
LinkedIn: https://www.linkedin.com/company/goeurekatravel/
Reddit: https://www.reddit.com/r/GOeureka/
Medium: https://medium.com/@social_23833
ANN Thread: https://bitcointalk.org/index.php?topic=3382526.0;all

Author : X7+

bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1141171

eth address: 0xe3ffc631e711Bb8AE8aAc37458981C60923519c8

Share:

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